The Future of Money Supply Targets

Tim Congdon

Chapter 6 in Monetary Control in Britain, 1982, pp 124-136 from Palgrave Macmillan

Abstract: Abstract “The necessary framework of order has to include, as almost its highest priority, the provision of a currency that is a reliable store of value. A sound and stable medium of exchange is a prerequisite of economic order.” (1) The words are from a speech by Sir Geoffrey Howe, Chancellor of the Exchequer, to the International Monetary Fund in October 1979. They show how much emphasis the government places on monetary stability in its economic strategy.

Keywords: Exchange Rate; Interest Rate; Monetary Policy; Money Supply; Nominal Interest Rate (search for similar items in EconPapers)
Date: 1982
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-04728-4_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349047284

DOI: 10.1007/978-1-349-04728-4_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().